CHAPTER V.. _life of Thomas Guy.—Imposition in Sailors’ Tickets.—Foreign Loan

Life of Thomas Guy.—Imposition in Sailors’ Tickets.—Foreign Loan attempted.—Sir John Barnard.—Expresses of the Jobbers.—Foreign Commissions.—Origin of Time-Bargains.—Attempt to stop them.—Its Inadequacy.—Proposal to reduce the Interest on the National Debt.—Opposition of Sir Robert Walpole.—New Mode of raising Loans.—Comparative Interest in Land and Funds.—Punishment of Manasseh Lopez.—The first Reduction of Interest.—Life of Sir John Barnard. 25